NE Stock Overview
Operates as an offshore drilling contractor for the oil and gas industry worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
WA
Based on Analyst Price Targets
Operational Efficiency And Critical Acquisitions Set To Propel Revenue Growth And Margin Enhancement
US$54.55
FV
31.3% undervalued intrinsic discount15.39%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
2 days ago author updated this narrative
Noble Corporation plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.49 |
| 52 Week High | US$52.16 |
| 52 Week Low | US$33.47 |
| Beta | 0.97 |
| 11 Month Change | 6.54% |
| 3 Month Change | -14.81% |
| 1 Year Change | -23.13% |
| 33 Year Change | 41.15% |
| 5 Year Change | n/a |
| Change since IPO | 51.47% |
Recent News & Updates
Noble Corporation: Strong Quarter But Muted Near-Term Outlook - Buy
Aug 21Noble Corporation: The Post Acquisition Outlook
Jul 16Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Jul 15
Is There An Opportunity With Noble Corporation plc's (NYSE:NE) 50% Undervaluation?
Jun 22Recent updates
Noble Corporation: Strong Quarter But Muted Near-Term Outlook - Buy
Aug 21Noble Corporation: The Post Acquisition Outlook
Jul 16Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Jul 15Is There An Opportunity With Noble Corporation plc's (NYSE:NE) 50% Undervaluation?
Jun 22Noble Corporation And Diamond Offshore Drilling: A Sensible Marriage
Jun 10We Think Noble (NYSE:NE) Can Stay On Top Of Its Debt
May 11Fewer Investors Than Expected Jumping On Noble Corporation plc (NYSE:NE)
Apr 20Here's Why We Think Noble (NYSE:NE) Is Well Worth Watching
Mar 30Noble (NYSE:NE) Has A Pretty Healthy Balance Sheet
Feb 07Noble Corporation: Quality Backlogs With Room To Grow
Feb 05Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Dec 15Noble Corporation: Strong Quarter, Raised Guidance, Undemanding Valuation - Buy
Nov 16Noble Corporation Can Rise Further As Offshore Rig Capacity Remains Scarce
Oct 17Noble Corporation Plc (NYSE:NE) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 10With EPS Growth And More, Noble (NYSE:NE) Makes An Interesting Case
Aug 13Noble Corporation: Solid Quarter And Strong Long-Term Prospects - Buy
Aug 07Noble Corporation: Not Enough Upside
Jul 24If EPS Growth Is Important To You, Noble (NYSE:NE) Presents An Opportunity
May 07Getting In Cheap On Noble Corporation Plc (NYSE:NE) Might Be Difficult
Mar 01Noble updates Q4 Adjusted EBITDA guidance
Jan 23Are Investors Undervaluing Noble Corporation Plc (NYSE:NE) By 50%?
Dec 27Noble closes $350M term loan
Dec 22Noble's (NYSE:NE) Robust Earnings Are Not All Good News For Shareholders
Nov 10Noble Non-GAAP EPS of $0.50 beats by $0.11, revenue of $306M beats by $10.82M
Nov 03Shareholder Returns
| NE | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 2.9% | 8.1% | -0.7% |
| 1Y | -23.1% | -7.0% | 32.5% |
Return vs Industry: NE underperformed the US Energy Services industry which returned -7% over the past year.
Return vs Market: NE underperformed the US Market which returned 32.5% over the past year.
Price Volatility
| NE volatility | |
|---|---|
| NE Average Weekly Movement | 5.3% |
| Energy Services Industry Average Movement | 6.4% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 14.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1921 | 3,600 | Robert Eifler | www.noblecorp.com |
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups.
Noble Corporation plc Fundamentals Summary
| NE fundamental statistics | |
|---|---|
| Market cap | US$6.00b |
| Earnings (TTM) | US$598.51m |
| Revenue (TTM) | US$2.55b |
10.0x
P/E Ratio2.4x
P/S RatioIs NE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NE income statement (TTM) | |
|---|---|
| Revenue | US$2.55b |
| Cost of Revenue | US$1.45b |
| Gross Profit | US$1.10b |
| Other Expenses | US$501.19m |
| Earnings | US$598.51m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 05, 2024
| Earnings per share (EPS) | 3.73 |
| Gross Margin | 43.07% |
| Net Profit Margin | 23.44% |
| Debt/Equity Ratio | 15.6% |
How did NE perform over the long term?
See historical performance and comparison